• Graphic Packaging Holding average operating margin for 2023 was 11.83%, a 55.25% increase from 2022.
• Graphic Packaging Holding average operating margin for 2022 was 7.62%, a 16.34% increase from 2021.
• Graphic Packaging Holding average operating margin for 2021 was 6.55%, a 21.93% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.